Professional4X (Real Money) (by Professional4X)
The user has deleted this system.
Professional4X (Real Money) Discussion
Professional4X
Member Since Jan 05, 2016
1189 posts
Jun 26 2017 at 07:40
scambuster456 posted:
Scary DD.
I increased the trading aggression levels by 25%. Larger profitability, larger risk.
I was expecting an initial spike in DD as the system compensated to the changes in trading limits.
Consider if you had an account with $1000.00 USD and you opened an order for multiple 1.0 lot tickets.
Now consider if you had an account with $100,000.00 USD and you opened an order the same multiple 1.0 lot tickets.
The smaller account is going to be far more sensitive to DD than the larger account.
The sudden spike in DD isn't a big deal. It's just more noticeable because of the account size.
The statistics will even out over time. I am absolutely not concerned about it.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
I bet you'll be able to withdraw a few times over, seemed stable enough on demo.. Only thing really unaccounted for a the scary spread spikes..
if you follow the flock like sheep you always end up stepping in shit!
Professional4X
Member Since Jan 05, 2016
1189 posts
Jun 26 2017 at 18:34
sirius1fx posted:
I bet you'll be able to withdraw a few times over, seemed stable enough on demo.. Only thing really unaccounted for a the scary spread spikes..
** SPREAD **
Spread spikes aren't much of issue during the normal trading week.
During off trading hours (weekends, etc) though, I noticed the spreads get pretty large. Insanely large actually....
For example, a normal spread might be 2 to 3 pips on a pair (no commission, spread only), but then on at the end of the trade week I've seen a sudden spread increase to +20 pips.
In my opinion it's a pretty questionable tactic, but it's something that a lot of brokers do.
** WITHDRAWING PROFITS **
Using the current trading levels, the system will probably hit the 100% gains level by the middle of this next month.
Once it hits the 300% level, I will withdraw my original investment, and let the system trade on the profits.
Ideally the system will be trading across multiple brokerage accounts.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Yea i have experienced large spikes 100 pips, id make sure todo MM accordingly for that figure for live trading...
Hope this week is a very profitable one for ya!
Hope this week is a very profitable one for ya!
if you follow the flock like sheep you always end up stepping in shit!
scambuster456
Member Since Jan 06, 2016
42 posts
Jun 27 2017 at 12:42
wow, what happened?
Professional4X
Member Since Jan 05, 2016
1189 posts
Jun 27 2017 at 20:14
scambuster456 posted:
wow, what happened?
The system predicted the market movement about 24 hours in advance and opened a series of trades.
When the market shot up during the news, the predicted take profit price was hit, and it closed out the tickets.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
can you open the history so we can review.
whats your commercial strategy?
whats your commercial strategy?
Professional4X
Member Since Jan 05, 2016
1189 posts
Jun 28 2017 at 03:59
suttos posted:
can you open the history so we can review.
whats your commercial strategy?
** HISTORY **
NO. I will not open the trades or history.
I had them open last week, but several people contacted me directly, and were asking me to provide them a signal, or to sell them a copy of the system. Others asked me to explain how the system works so they could replicate it.
One individual even provided me a break down analysis of how they believe the system worked and ways to improve it.
I found that somewhat humorous actually, because they weren't even remotely close as to how the system works, and everything they told me to do, would have been a really bad idea. So it was at that point I decided it was probably best if I closed them.
I made it very clear that I had no interest in providing anyone access to the system at this time.
** STRATEGY **
I will absolutely not provide the specific details of how the system works, nor will I explain the strategy behind it's method of trading.
At this point I am not even sure if I fully understand how it trades any longer, as it is making trades based upon it's own understanding of the markets, using information that it has learned on its own.
I only gave it some very basic guidelines.
Buy when it's going to move up.
Sell when it's going to move down.
Do not BUY and SELL the same currency at the same time.
Do not exceed 1:50 leverage in calculations.
Use FIFO rules
etc etc et
I have spent well over 10 years in the development of this system to bring it to its current state, and I have no desire whatsoever to have anyone replicate my system.
I do not wish to sound harsh about this, but I have previously been ripped off by someone whom I trusted with a very early copy of the code base, and I swore to myself that it would never happen again.
If you had a system that could possibly generate unlimited wealth for yourself, would YOU give away your system details?
No of course you wouldn't, and neither would I.
I can tell you that the system is a 'General Purpose' AI running a deep learning neural network with heavy emphasis towards understanding currency trading. I can also tell you that currency markets are only a very small part of what the system is being built for.
I can also tell you that the system is not an EA, although it does have an EA component that can be used to communicate with MT4, MT5, or other client trading platforms. But even in those instances, the EA isn't making any trading decisions, it is only being used to initiate the ticket requests.
I have no desire to have anyone copy my system.
I have no desire to sell anyone system.
I have no desire to provide a signal to anyone.
I have no desire to provide anyone with access to my account data.
I do not need any investors.
I have my own money, and I am fully funded. Thank you.
If it looks too good to be true, it's probably a scam! Let the buyer beware.
Professional4X
Member Since Jan 05, 2016
1189 posts
Jun 28 2017 at 06:16
In case anyone is wondering, It isn't my intent to be harsh or rude to anyone.
And if I have appeared that way, please accept my apology.
However... This system is somewhat like a child to me, therefore as it's parent, I have to be very protective of it.
And I simply do not wish to have someone steal my work for their own use.
I would simply ask that everyone, to please understand that this project is the result of over 10 years of my life, and I am very protective of specific details of how it works.
I will happily answer general questions, but I absolutely will not give out specific details of how the system works, nor will I ever give anyone access the system itself.
Thank you
And if I have appeared that way, please accept my apology.
However... This system is somewhat like a child to me, therefore as it's parent, I have to be very protective of it.
And I simply do not wish to have someone steal my work for their own use.
I would simply ask that everyone, to please understand that this project is the result of over 10 years of my life, and I am very protective of specific details of how it works.
I will happily answer general questions, but I absolutely will not give out specific details of how the system works, nor will I ever give anyone access the system itself.
Thank you
If it looks too good to be true, it's probably a scam! Let the buyer beware.